WWDC Geeks the Geeks, Not Investors – Morning Linkfest (June 3)

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Berkshire Hathaway’s (BRK.B) annual meeting has been called the “Woodstock for capitalists.” For tech giant Apple (AAPL), its Worldwide Developers Conference is on the same level — just for a different crowd. WWDC is generally where Apple introduces new products, software and innovations to the general public. Investors didn’t see anything of interest — no iPhone 6, no iWatch, no Beats by Dre news — but there was plenty of cool stuff if you’re a Mac-head. Here’s Brad Moon with details on what’s new at WWDC 2014.

TechCrunch (Catherine Shu): Or, maybe you’d prefer to hear all about the WWDC — from OS X to Tim Cook ripping on Android — via a catchy song.

Vox (Nilay Patel): Speaking of that Android rip, Apple hates Google (GOOG). Hates it. Wants it to die.

American Enterprise Institute (Mark J. Perry): While Uber and the sharing economy might be great, they’re also killing a once-lucrative investment: taxi cab medallions.

STA Wealth Management (Lance Robert): So those first-quarter earnings were great, right? No so fast, my friend.

Naked Capitalism (Yves Smith): Also firmly in the bad news category: People are starting to use their homes as ATMs again. Helocs are back! And that’s very, very bad.

WSJ (Rob Copeland, Ryan Dezember and Juliet Chung): It’s getting just so hard to be a hedge fund manager. KKR (KKR) shuts down its operations.

DealBook (Andrew Ross Sorkin): The buyout boom is still going on. Is the Valeant (VRX)-Allergan (AGN) about drug innovation, or just money?

Quartz (Matt Phillips): Crypto-currency fans, rejoice! Bitcoin is no longer the worst investment in the world. Iron ore investors, here is your tissue.

Aaron Levitt is an investment journalist living in Ohio. With nearly two decades of experience, his work appears in several high-profile publications in both print and on the web. Also likes a good Reuben sandwich. Follow his picks and pans on Twitter at @AaronLevitt.


Article printed from InvestorPlace Media, https://investorplace.com/2014/06/wwdc-aapl-uber-bitcoin-linkfest-june-3/.

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